05-02-2017 20:30 via feedproxy.google.com

This chart should terrify stock pickers everywhere

Passive investing is set to overtake active management in US market share in just four to seven years.
That's according to Moody's Investor Services, which said in a report released February 2 that passively managed funds will have more in assets than active funds by 2024 at the latest.Passive investments, including ETFs and index funds, currently account for $6 trillion of assets globally, and 28.5% of assets under management in the US.
A combination of trends, including lackluster ac
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